Ningbo Solartron Technology Co Ltd Asset Resilience Ratio

Latest as of September 2024: 1.13%

Ningbo Solartron Technology Co Ltd asset resilience ratio. Ningbo Solartron Technology Co Ltd (688299) has an Asset Resilience Ratio of 1.13% as of September 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See Ningbo Solartron Technology Co Ltd (688299) liquidity interval to measure how many days the company can operate on defensive assets alone.

Liquid Assets

CN¥40.00 Million

≈ $5.85 Million USD Cash + Short-term Investments

Total Assets

CN¥3.54 Billion

≈ $517.65 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio of Ningbo Solartron Technology Co Ltd (2019–2023)

Asset resilience ratio of Ningbo Solartron Technology Co Ltd from 2019 to 2023. This chart shows how Ningbo Solartron Technology Co Ltd's Asset Resilience Ratio has changed over time. Read 688299 total debt and obligations for a breakdown of total debt and financial obligations.

Liquid Assets Composition Over Time

This chart breaks down Ningbo Solartron Technology Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see 688299 total asset value.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	CN¥0.00	0%
Short-term Investments	CN¥40.00 Million	1.13%
Total Liquid Assets	CN¥40.00 Million	1.13%

Asset Resilience Insights

Limited Liquidity: Ningbo Solartron Technology Co Ltd maintains only 1.13% of assets in liquid form.
This low level may indicate efficient asset utilization but could pose risks during economic downturns.
The company has significant short-term investments, indicating active treasury management.

Ningbo Solartron Technology Co Ltd Industry Peers by Asset Resilience Ratio

Compare Ningbo Solartron Technology Co Ltd's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
Akzo Nobel NV AS:AKZA	Specialty Chemicals	2.16%
Zhejiang Satellite Petrochemical Co Ltd SHE:002648	Specialty Chemicals	0.27%
Huaibei Mining Holdings Co Ltd SHG:600985	Specialty Chemicals	2.33%
China Hainan Rubber Industry Group Co Ltd SHG:601118	Specialty Chemicals	0.09%
Azelis Group NV BR:AZE	Specialty Chemicals	0.00%
MeiHua Holdings Group Co Ltd SHG:600873	Specialty Chemicals	7.60%
Yibin Tianyuan Group Co Ltd SHE:002386	Specialty Chemicals	0.00%
Wankai New Materials Co. Ltd. SHE:301216	Specialty Chemicals	1.35%

Ningbo Solartron Technology Co Ltd Asset Resilience Ratio by Year (2019–2023)

Ningbo Solartron Technology Co Ltd asset resilience ratio by year from 2019 to 2023. The table below shows the annual Asset Resilience Ratio data for Ningbo Solartron Technology Co Ltd.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2023-12-31	1.20%	CN¥40.00 Million ≈ $5.85 Million	CN¥3.34 Billion ≈ $488.30 Million	-0.65pp
2022-12-31	1.85%	CN¥50.00 Million ≈ $7.32 Million	CN¥2.70 Billion ≈ $395.29 Million	-6.21pp
2021-12-31	8.06%	CN¥200.36 Million ≈ $29.32 Million	CN¥2.49 Billion ≈ $363.85 Million	-10.28pp
2020-12-31	18.33%	CN¥400.00 Million ≈ $58.53 Million	CN¥2.18 Billion ≈ $319.27 Million	-11.10pp
2019-12-31	29.43%	CN¥605.00 Million ≈ $88.53 Million	CN¥2.06 Billion ≈ $300.79 Million	--

pp = percentage points

About Ningbo Solartron Technology Co Ltd

SHG:688299 China Specialty Chemicals

Market Cap

$494.98 Million

CN¥3.38 Billion CNY

Market Cap Rank

#11941 Global

#3432 in China

Share Price

CN¥11.77

Change (1 day)

-4.15%

52-Week Range

CN¥10.72 - CN¥20.96

All Time High

CN¥38.83